Академический Документы
Профессиональный Документы
Культура Документы
ECONOMIC PROFILE
2013
TABLE OF CONTENTS
04 04 04 06 08 09 10 12 A VALUE-ADDED BUSINESS ENVIRONMENT THE DOWNTOWN PLAN: INCENTIVIZING DEVELOPMENT MAJOR DEVELOPMENT PROJECTS GETTING AROUND DOWNTOWN DEMOGRAPHIC PROFILE AT-A-GLANCE PSYCHOGRAPHIC OVERVIEW RESIDENTIAL PROFILE HOUSING CHOICES
DEAR FRIEND:
Welcome to Downtown Long Beach! Our City is conveniently located between Downtown Los Angeles and Orange County and is one of the few American city centers with an ocean view. Downtown Long Beach offers compelling opportunities for major developers, entrepreneurs, unique restaurant concepts, and everything in between. More than 30,000 residents live in Downtown Long Beach, and the population continues to grow. This influx of highly educated Downtown residents with disposable incomes creates a demand for new businessesincluding retail shopping, dining, and professional services. Our residents choose Downtown Long Beach because it is the perfect place to live, work, and play. Beyond the beautiful waterfront views and excellent weather, Downtown Long Beach is ranked among the top nationwide for being one of the most walkable and bike-friendly communities. Dedicated bike lanes in Downtown promote safe road sharing between motorists and cyclists. Additionally, the urban design of Downtown allows residents and visitors to forgo their cars to walk or bike for nearly all errands. The Downtown Community Plan, which the City Council passed last year, will help us enhance the quality of life of our stakeholders. This planning ordinance streamlines permitting processes and encourages investment over the next 25 years. Recognized by the Los Angeles Economic Development Corporation as one of the standout business-friendly cities in Los Angeles County, we continue to do everything possible to make opening a business in Downtown a fair, transparent, and efficient process. A key City partner is the Downtown Long Beach Associates (DLBA). The DLBA serves as a liaison between businesses and the City and provides marketing and promotional assistance to Downtown Long Beach businesses. The DLBA provides other invaluable services like the team of Downtown Safety Guides who patrol the area to provide visitors with directions, dining recommendations, and serve as a second set of eyes and ears to the Long Beach Police Department. Whether it is your first visit or the first visit in a long time, I invite you to discover Downtown Long Beach and everything it has to offer. Sincerely,
The Downtown Long Beach Associates (DLBA) is a nonprofit organization operating on behalf of the residential and commercial property owners and the tenants of the Improvement Districts. It is dedicated to the management, marketing, security, maintenance, advocacy, and economic and community development of Downtown Long Beach. This publication contains the latest data available from the US Census and projections from ESRI. Thank you to the City of Long Beach, the Los Angeles County Assessor, Cushman and Wakefield, Smith Travel Research, the Long Beach Convention and Visitors Bureau, and local representatives from major developments, hotels, and housing units, for providing source material.
Downtown Long Beach has the added benefit of community-led Business Based and Property Based Improvement Districts, administered by the Downtown Long Beach Associates (DLBA), that ensure Downtown streets are clean, safe, and vibrant. The most visible of these services are the Clean and Safe teams, serving an area frequented daily by thousands of employees, residents, shoppers, and tourists. The DLBAs Clean and Safe teams two of the Downtowns most beloved programs facilitate cleanliness, maintenance, public safety, and ambassadorial services that enhance both physical and experiential aspects of the public realm in Downtown. Attracting New Customers The DLBA utilizes a multi-faceted approach to attracting consumers to Downtown Long Beach. From social media campaigns to traditional print advertising, the DLBA uses a variety of platforms to promote Downtown Long Beach and its live, work, and play atmosphere. Additionally, the DLBA produces more than a dozen annual events that attract tens of thousands of revelers and generate millions in consumer spending. Economic Development Services In addition to attracting business and investment to Downtown, the DLBA also helps existing businesses thrive by constantly improving the political and regulatory climate. The DLBA provides many services, including: Liaison services between businesses and City departments Property owner and brokerage contacts Site selection assistance Business development resources, financial incentives, and other programs. Capital Improvement & Beautification The DLBA works to identify and oversee projects that will enhance the physical environment within Downtown. From storefront activation programs to alleyway beautification grants, these projects are designed to beautify Downtown, enhance public safety, and expand accessibility.
We were fortunate to be the first project to have the benefits of the Downtown Plan. Because of the streamlined regulations and permitting processes, we were able to accelerate the project timeline, expand upon the existing square footage of the historic buildings, and were not limited by previous parking regulations.
Michelle Molina, Millworks Managing Partner
WEST COVINA 10
10
BIKE FRIENDLINESS
By opening the nations first bike commuter station, dedicated bike lanes and signals, and hosting the Tour of Long Beach race all benefits found in the Downtown Long Beach was rated in the top 20 most bike-friendly cities in the United States by Bicycling.com.
10 110
FREEWAY ACCESS
Downtown Long Beach is a short commute to Los Angeles and Orange Counties via the robust Southern California freeway system.
W 7th Street
METRO
Downtown Long Beach is the southern terminus for the Los Angeles Metro Blue Line light rail corridor, which connects Downtown Long Beach to Los Angeles destinations like the Staples Center and Hollywood.
Pacific Avenue
Pine Avenue
venu
W 6th Street
LYNWOOD
Alam
710
itos A
Qu e Wa ens y
Source: Long Beach Transit, Long Beach Airport, City of Long Beach, Biclycling.com, DLBA
W Shoreline Drive
n de ol re G Sho
COMPTON 91 710
TRANSIT GALLERY
The Promenade
57 FULLERTON
Sh or Dri eline ve
ANAHEIM 5
Performing Arts Center Convention Center Sports Arena Rainbow Lagoon Park
405 110
Catalina Landing The Aquarium of the Pacific Pine Ave Pier Shoreline Aquatic Park Waterfront Esplanade Rainbow Shoreline Village Harbor
GARDEN GROVE
LONG BEACH MARINA
22
SANTA ANA
PARKING
There are nearly 15,000 publicly accessible parking spaces in Downtown Long Beach. In recent years, many coin-operated parking meters were replaced with multi-space credit card operated units at The Pike shopping center and along Broadway and 3rd Street.
Downtown Long Beach is only four miles southeast of the Long Beach Airport, which is the west coast hub for JetBlue Airlines. The airport serves more than 3 million commercial passengers annually and boasts a brand new 1,989-space parking structure and 35,000-square-foot passenger concourse expansion, which showcases Long Beach vendors.
HUNTINGTON BEACH
55 405
73
PSYCHOGRAPHIC OVERVIEW
Psychographic information is used as a complement to a communitys demographic detail and provides greater insight into the personalities and sensibilities of a population to help better comprehend its composition of tastes, lifestyles, proclivities, and behaviors. By combining different categories of people within specific locations, psychoanalytics create a model of diverse lifestyle classifications and produce unique behavioral market segmentation. Based on these trends, it is clear that Downtown residents are becoming more affluent, educated, and cosmopolitan. Below are the fastest growing segments of the Downtown population: 1 12,485 81,810 138,903 $32,048 $40,339 $51,694 $52,268 $49,842 $62,505 Old and Newcomers: These households are typically beginning their careers or are retiring. There are more singles and shared households in these neighborhoods than others. They have above average educational attainment. Their purchases reflect the free lifestyles of singles and renters. They read books and newspapers, watch TV, listen to contemporary music, and go to the movies. Metro Renters: These households are young and educated singles who are beginning their professional careers in large metropolitan cities. This group is younger and more diverse than the U.S. population. They are one of the most educated groups. They tend to buy from Banana Republic, Gap, Nordstrom, and online retailers. These residents exercise regularly and like to travel. They fully utilize amenities offered in cities by visiting museums, going dancing, and attending concerts. Young and Restless: These households are young and over half are single or shared. They are ethnically diverse and live in metropolitan areas. These young professionals live a busy lifestyle and are technologically inclined. They enjoy conveniences and frequently go online to communicate, shop, and keep up with the latest trends.
3-MILE RADIUS
5-MILE RADIUS
UP
30%
2000 2011
2000 2011
< $15,000 $15,000 - $24,999 $25,000 - $34,999 $35,000 - $49,999 $50,000 - $74,999 $75,000 - $99,999 $100,000 - $149,999 $150,000 or more
16.16% 21.5% 17% 13.71% 16.3% 13.4% 14.46% 14.1% 12.1% 17.76% 14.6% 14% 12.77% 14.5% 16.3% 12.10% 7.4% 9.1% 6.82% 7.1% 10.1% 6.22% 4.5% 7.9% 3
UP
14%
HOUSEHOLD BY INCOME
UP
11%
24.10% 26.46% 26.12% 9.00% 10.64% 10.38% 20.43% 18.9% 16.9% 15.79% 14.8% 14.3% 14.69% 12.6% 12.9% 8.04% 9.2% 10.2% 7.96% 7.4% 9.4%
POPULATION BY AGE
High school diploma or less Some college or Associate degree Bachelors degree or higher
10
11
FUN FACT:
RESIDENTIAL PROFILE
A GREAT PLACE TO CALL HOME
Individuals and families looking for a vibrant urban environment are moving to Downtown Long Beach in increasing numbers. Downtown attractions including the Long Beach Performing Arts Center, Museum of Latin American Art, and Aquarium of the Pacific offer a lively cultural environment while the renaissance of dining centers like The Promenade and Pine Avenue offer craft beer, fine wine, and award-winning restaurants to the cuisine-conscious. Add the high walkability, bikeability, and easy access to the beach and it is easy to see why more and more people are calling Downtown Long Beach home.
63% INCREASE
COMPARED TO 2000.
$52,268,
A GROWING POPULATION
More than 5% of Long Beachs population of 462,257 lives in Downtown with a density of 15,650 residents per square mile, which is nearly twice the citywide average. Downtown Long Beachs population has steadily grown by 8% since 2000, compared to less than 1% citywide for the same period, outpacing city population growth. Nearly 29,000 people call Downtown home.
DOWNTOWN LONG BEACH AGE DISTRIBUTION DOWNTOWN LONG BEACH AGE DISTRIBUTION
53%
53%
$15,000-$24,999 $15,000-$24,999 16% 16% 13.71% 13.71% $25,000-$34,999 $25,000-$34,999 12.4% 12.4% 14.46% 14.46% $35,000-$49,999 $35,000-$49,999 15.1% 15.1% 17.76% 17.76% $50,000-$74,999 14.9% 14.9% $50,000-$74,999 12.77% 12.77% $75,000-$99,999 $75,000-$99,999 8.5% 8.5% 12.10% 12.10% $100,000-$149,999 $100,000-$149,999 4.9% 4.9% 6.82% 6.82% $150,000$150,000 or more or more 2.9% 2.9% 6.22% 6.22%
of households have incomes of of households have incomes of or more or more
2011 2011
24.1%24.1%
9%
UNDER 18 UNDER 1819-24
9%
2011 2011
55-64 45-54 65+ 55-64 65+
19-24 25-34
25-34
35-44
35-44 45-54
OWNER OCCUPIED HOUSING UNITS BY VALUE EDUCATIONAL ATTAINMENT OWNER OCCUPIED HOUSING UNITS BY VALUE EDUCATIONAL ATTAINMENT
POPULATION AGE 25+ AGE 25+ POPULATION
8.41%
23.19%
$75,000 $75,000
31.7% 8.41% 14.78% 31.7% 9.9% 14.78% 30.61% 9.9% 3.3% 30.61% 23.01% 3.3% 2.1% 23.01% 23.19% 2.1%
2000 2000 2011 2011 SOME COLLEGE OR ASSOCIATE DEGREE DEGREE SOME COLLEGE OR ASSOCIATE
BACHELOR'S DEGREE OR HIGHER BACHELOR'S DEGREE OR HIGHER 2000 2000 18% 18% 2011 2011 27.24% 27.24%
2000 2011 2000 2011
$50,000 $50,000
$200,000$100,000$299,999 $199,999
$300,000$200,000$499,999 $299,999
$500,000 or more
HIGH SCHOOL DIPLOMA OR LESS OR LESS HIGH SCHOOL DIPLOMA 2000 2000 56% 56% 2011 2011 41.78% 41.78%
12
13
HOUSING CHOICES
HOUSING MARKET
Downtown offers apartments and condos to accommodate a variety of different lifestyles. Amenities such as easy access to transportation, culture, world-class dining, bike-friendly infrastructure, and parks suit the needs of a wide variety of households. From 2000 to 2010, more than 2,000 new residential housing units were built in Downtown Long Beach, which is a 140% increase in housing supply from the 1990s. Moreover, current and future development projects are expected to add hundreds of new units in coming years. Nearly 30,000 residents live in more than 13,800 housing units in Downtown Long Beach, the majority of which are comprised of rental units (77.73%). However, an increasing number of Downtown residents are choosing to buy. Current lease rates reported by rental housing developers in the Downtown start as low as $2.06 per square foot, while the most amenity-rich units fetch north of $2.80 per square foot. Along the waterfront, amenity-rich condo units sell for as much as $351 per square foot.
Source: U.S. Census, 2011; DLBA, Los Angeles County Assessor, Project Representatives
30,000 RESIDENTS
LIVE IN MORE THAN
78%
RENT
22%
OWN
Opened Average Price per sq.ft.
OWNER
AQUA Blu Kress Lofts
Units
2005 2008 2008 2008 2006 2002 1992 2003 2010 2009 1990
$325.14 $351.40 $209.75 $255.12 $239.37 $269.48 $253.25 $2.38 $2.08 - $2.64 $2.25 - $2.80 $2.06 - $2.69
RENTAL
14
15
WORKFORCE
EMPLOYMENT
Downtown has one of the highest employment densities in Long Beach. It also provides a large share of job opportunities for the residents of nearby cities. More than 37,000 people are employed in Downtown Long Beach. This figure represents more than 22% of all available jobs in the City of Long Beach. More than 24% of the people employed in Downtown are from Long Beach; nearby cities such as Los Angeles, Lakewood, Carson, Bellflower, and Torrance account for an additional 24% of the employed in Downtown. More than 50% of the employed in Downtown travel fewer than 10 miles from their homes, and more than 78% travel fewer than 24 miles from their homes. The majority of Downtown employees (64%) are between the ages of 30 and 54. The next largest age group is comprised of those who are 29 years old or younger (21%). Male workers in Downtown are represented higher than female workers at 56% versus 44%. More than half of Downtown employees have some college experience, while approximately 25% have at least a bachelors degree.
N NW NE
W 5400 9000 SW
1800
SE S
FUN FACT:
DUE TO THE PROXIMITY OF THE PORT OF LONG BEACH, THE TRANSPORTATION AND WAREHOUSING INDUSTRY REPRESENTS THE HIGHEST PERCENTAGE OF JOBS IN DOWNTOWN
u ho
26%
5 - 2,520 Jobs/Sq Mile 5 - 2,520 Jobs/Sq Mile Mile 2,521 - 10,068 Jobs/Sq 2,521 - 10,068 Jobs/Sq Mile 10,069 22,646 Jobs/Sq Mile 10,069 - 40,257 22,646 Jobs/Sq Mile 22,647 22,647 - 62,899 40,257 Jobs/Sq Mile 40,258 40,258 - 62,899 Jobs/Sq Mile
1-15 Jobs 1-15 Jobs 16-240 Jobs 16-240 Jobs 241-1,214 Jobs 241-1,214 Jobs 1,215-3,835 Jobs 1,215-3,835 Jobs 3,836-9,362 3,836-9,362 Jobs
gr
ic
tu ul M i
re
,F g,
or
t es u
ry
,F
il
ry ar
in
n ,a
Tr
an
r po
ta
tio
n ni
t, s n n n) or n es ce io ce tio tio pp atio rvic at vi an ra u i m re tra S d e er st ist r i s s s S t S S c i s d e l in fo In in En A al nd Re In od an m d na ic d dm al la n Re tio dm Fo nd A an ci hn A an ta io d a a d t c o c e n , s i t S ic c e ra an uc an Te bl Re d bl ni en ist t n an d Ed Pu e, m Pu in en an pa tio Fin an in at g m e m a t , m r a n d c o a Es rt A age od di ifi C te fC al lu m nt lth En m an ie to xc Re , a o c n e s M ( S e rt He cc l, te A es A em as na ic W io ag rv s n e S a es M of er Pr th O sin g at io n a ur nc e a Le sin g v er ic es p er ris es
16
17
PERCENTAGE LEASED
OFFICE MARKET
Out of the five major employment centers in the city of Long Beach, Downtown accounts for nearly half of the citys total inventory of 9.1 M square feet. Of the 4.2 M square feet of Downtown inventory, Class B buildings account for more than half of the space, while Class A comprises approximately one third of the inventory. As the employment center of the city, Downtown has a leading occupancy rate of 84% for the fourth quarter of 2012. This is a healthier rate than competing markets in the South Bay and other Long Beach sub-markets like the Airport Area, Bixby Knolls / Signal Hill, and 405 / 710 corridor. In calendar year 2012, the overall absorption was also positive for the Downtown, at 47,440 square feet for direct and 77,331 square feet of sublease space. Additionally, rent rates have steadily climbed since the fourth quarter of 2010 for all three office space classes, which indicates a positive recovery of the Downtown office market. Class A buildings have surpassed the rent rates from the fourth quarter of 2008, illustrating a strong demand for premium space and willingness of corporations to pay higher prices for premium office spaces. Overall, the Downtown Office Market is demonstrating healthy growth.
Source: Cushman and Wakefield, 2012
CLASS A
95
90
85
80
75
70
Q1 Q2 Q3 Q4
2007
Q1 Q2 Q3 Q4
2008
Q1 Q2 Q3 Q4
2009
Q1 Q2 Q3 Q4
2010
Q1 Q2 Q3 Q4
2011
Q1 Q2 Q3 Q4
2012
CLASS A
3.00
2.80 2.60 2.40 2.20 2.00 1.80 1.60 1.40 1.20 1.00 Q1 Q2 Q3 Q4
26%
46%
DOWNTOWN LONG BEACH
CLASS A
57%
CLASS C
10%
8%
33%
10%
405/710 CORRIDOR BIXBY KNOLLS / SIGNAL HILL EAST LONG BEACH / SEAL BEACH
10%
2007
Q1 Q2 Q3 Q4
2008
Q1 Q2 Q3 Q4
2009
Q1 Q2 Q3 Q4
2010
Q1 Q2 Q3 Q4
2011
Q1 Q2 Q3 Q4
2012
18
19
SHOPPING
RETAIL SPACE
Compared to other downtowns of similar geographic size and population, Downtown Long Beach contains a relatively impressive supply (1.3 M sq ft) of commercial space built to accommodate ground-floor retail uses. Such retail spaces can be found in a variety of building structures such as stand-alone structures, ground-floor space in mixeduse structures, the adaptive reuse of historic buildings, and space contained in traditional retail centers. Similar to other vibrant downtowns, there are an impressive number of food, beverage, and entertainment establishments that satisfy a wide variety of consumers. Since 2012, there has been a 7% increase in Comparison Shopping, indicating a healthy environment for retail growth.
CONVENIENCE SHOPPING
12% WOMENS HAIR SALON 24% CONVENIENCE & SUNDRY SHOPS 3% SEAFOOD 4% DESSERT 13% UNISEX HAIR 7% ITALIAN 2% TANNING SALON 1% TAILOR 1% SHOE REPAIR 2% SERVICE STATION 2% PET SHOP 2% OTHER 6% NAIL SALON 6% MENS BARBER 8% HEALTH CLUB 8% DRY CLEANERS 13% DAY SPA 2% JAPANESE FOOD 8% COFFEE / TEA 2% OTHER ASIAN FOOD 9% COCKTAIL LOUNGE 5% BAKERY
5% DELI
5% CHINESE FOOD
COMPARISON SHOPPING
3% ART GALLERIES / STORES 13% WOMENS APPAREL & ACCESSORIES 2% VIDEO / VIDEO GAME 2% SUPERMARKET & VARIETY STORES 2% SPORTING GOODS 9% CARDS & GIFTS 6% SHOE STORE 2% MUSIC STORE 8% MIXED APPAREL 4% MENS APPAREL 6% LIQUOR / WINE / TOBACCO 5% JEWELRY 3% DISCOUNT DEPARMENT STORE 2% DOLLAR STORE / NOVELTIES 4% DRUGSTORE / PHARMACY 8% ELECTRONICS / CELL PHONES 3% FLORIST / PLANT STORE 5% FURNITURE & HOME ACCESSORIES 8% AUTOMOTIVE 3% BEAUTY SUPPLIES 1% BOOK STORE 1% CANDY SHOP
CONVENIENCE SHOPPING
26%
COMPARISON SHOPPING
36% 38%
20
21
RETAIL CATEGORY
FURNITURE & HOME FURNISHING STORES ELECTRONICS & APPLIANCE STORES FOOD & BEVERAGE STORES HEALTH & PERSONAL CARE STORES
1-MILE RADIUS
$11,019,326
3-MILE RADIUS
$49,841,745
5-MILE RADIUS
$108,297,908
$8,903,275
$39,687,054
$83,240,970
$69,823,764
$302,918,467
$613,037,898
$13,738,051
$59,520,005
$123,986,640
RETAIL OPPORTUNITIES
RETAIL SPENDING POTENTIAL
The vibrant residential community, emerging development, and thriving business environment position Downtown Long Beach to support significant retail sales numbers. In total, the spending potential within 5 miles of the Downtown exceeds an impressive $2.5 billion annually.
CLOTHING STORES SHOE STORES JEWELRY, LUGGAGE & LEATHER GOODS STORES SPORTING GOODS, HOBBY, BOOK & MUSIC STORES GENERAL MERCHANDISE STORES MISCELLANEOUS STORES FOOD SERVICES & DRINKING PLACES
$15,479,784
$67,340,741
$137,199,096
$1,973,417
$8,555,670
$17,012,693
$1,962,060
$8,723,333
$18,731,534
$4,707,776
$20,862,372
$43,014,679
$38,618,828
$168,017,549
$343,194,410
$6,334,569
$28,321,638
$60,495,005
$56,801,659
$247,714,269
$505,006,359
I am proud to call Downtown Long Beach home to my family and my business. The vibrant community of leaders and families in North Pine made it the perfect place for me to open my store. I am excited to see this neighborhood and my business - growing.
-Rajh Kirch Owner and Creative Director, Sandbox Social Club
FULL-SERVICE RESTAURANTS LIMITED-SERVICE EATING PLACES SPECIAL FOOD SERVICES DRINKING PLACES ALCOHOLIC BEVERAGES
$26,474,613
$115,524,036
$236,500,918
$23,312,084
$101,709,234
$206,852,813
$6,132,011
$26,742,522
$54,260,073
$882,952
$3,738,478
$7,392,554
Source: ESRI and Infogroup 2013
22
23
FUN FACT:
TWO OF THE MOST NOTABLE LONG BEACH CONVENTIONS ARE AND THE
6.1 MILLION
MUSEUM OF LATIN AMERICAN ART
Estimated Yearly Attendance: 70,000 Commonly referred to as MoLAA, the Smithsonian affiliate is the only museum in the western United States that exclusively features contemporary Latin American fine art.
UPSCALE
HOTEL # ROOMS RACK RATES HILTON LONG BEACH 397 $154 - $214 HYATT REGENCY LONG BEACH 528 $289 - $429 WESTIN LONG BEACH 469 $229 - $264 HYATT THE PIKE HOTEL 138 $289 - $329 HOTEL MAYA 195 $220 - $319 RENAISSANCE LONG BEACH HOTEL 374 $189 - $239
TOTAL 2101
BEST WESTERN COURTYARD MARRIOTT HOTEL QUEEN MARY VARDEN BOUTIQUE HOTEL RESIDENCE INN 66 216 315 35 178 $125 - $189 $149 - $199 $127 - $419 $129 - $149 $179 - $199
The Arena seats 13,500 and has 46,000 square feet of exhibit space. Wyland mural: at 116,000 square feet (11,000 m), it is the worlds largest mural. Renovated restaurant, lobby, and arena that includes adjustable curtains and lighting.
MID-LEVEL
TOTAL
BEACH INN MOTEL CITY CENTER MOTEL GREENLEAF HOTEL INN OF LONG BEACH RODEWAY INN TRAVEL KING MOTOR INN TRAVELODGE VAGABOND INN LONG BEACH
810
25 $ 70 - $ 90 49 $ 70 45 $ 65 51 $ 81 35 $ 95 - $105 15 $ 50 63 $119 - $139 61 $ 65 - $159
Three dynamic Exhibition Halls with 224,000 square feet of space that can be utilized for all types of conventions, tradeshows, consumer shows, and special events. The Exhibition Halls break down as follows: Exhibition Hall A = 91,000 sq. ft Exhibition Hall B = 57,000 sq. ft Exhibition Hall C = 76,000 sq. ft 34 Meeting Rooms and a Grand Ballroom make the Long Beach Convention & Entertainment Center ideal for all types of special events.
HOTEL INVENTORY:
Total Hotel Inventory =
ECONOMY
TOTAL
344
The Terrace Theater is a full-production theater that seats 3,051 with spaces for wheelchair seating. The Terrace Lobby contains a full-glass front with a view of the Terrace Fountain and ocean views on the east side. The Center Theater boasts 825 seats that are set 13 rows deep in a half-round shape, allowing excellent visibility from any seat.
3,255
ROOMS
73%
848,860
400,000+
TOTAL
Estimated Yearly Attendance: 1.4 million Long considered one of the worlds premiere ocean vessels, the Queen Mary is an Art Deco treasure and one of the most iconic images of Downtown Long Beach. In addition to daily tours and other events, it also features a 307-room hotel.
Source: Long Beach Convention and Visitors Bureau, Smith Travel Research
562.436.4259 www.dowtownlongbeach.org